POA

How to Choose a Guardian for Yourself

By |2019-09-10T14:24:32+00:00April 30th, 2019|Categories: ESTATE PLANNING, GUARDIANSHIP, POA|Tags: |

Every day we make hundreds of decisions from what to eat for breakfast to where we go on vacation.  With each passing day, there are more choices to be made.  But, what will happen if you can’t make decisions for yourself?  Before that time comes, there is one important decision you need to make. Who do you want to serve as your guardian? For those of you who have had your estate planning recently done or reviewed, you probably discussed and executed a Financial Power of Attorney. For those of you on the fence about having your estate planning completed, [...]

HOW TO PICK A TRUSTEE, EXECUTOR, AND AGENT UNDER A POWER OF ATTORNEY

By |2019-09-10T14:24:34+00:00August 23rd, 2018|Categories: ESTATE PLANNING, POA, Trusts|Tags: , , |

While the term fiduciary is a legal term with a rich history, it very generally means someone who is legally obligated to act in another person’s best interests. Trustees, executors, and agents are all examples of fiduciaries. When you pick trustees, executors, and agents in your estate plan, you’re picking one or more people to make decisions in your and your beneficiaries’ best interests and in accordance with the instructions you leave. Luckily, understanding the basics of what each of these terms means and what to consider when making your choices can make your estate plan work far better. Trustee [...]

LEGAL CONSIDERATIONS WHEN GETTING YOUR NEW COLLEGE STUDENT READY TO GO

By |2019-09-10T14:24:35+00:00August 23rd, 2018|Categories: COLLEGE PLANNING, ESTATE PLANNING, POA|Tags: , |

If you are preparing to send your son or daughter off to college to pursue higher education, you may be wondering how their first semester of school will go. During this exciting new chapter in your family’s life, the last thing you may be thinking about is estate planning for your college-aged child. While your child may not have any assets (yet), once he or she turns 18, your child is considered an adult in the eyes of the law. Before your kids go away, have a frank conversation with them about how much information — including grades, finances, health [...]

STEPS FOR STARTING THE END-OF-LIFE CONVERSATION

By |2019-09-10T14:24:35+00:00August 23rd, 2018|Categories: ESTATE PLANNING, POA|

No one wants to discuss death and dying. And yet, it’s a critical time in everyone’s life and one for which we know we need to prepare. While many people have the desire to share their wishes, something is preventing people from openly communicating with their families. As an important part of estate planning, healthcare decisions need to be talked about. This helps preserve your legacy and provide peace of mind for your loved ones. You can rest easy knowing that if they need to act, they are carrying out your end-of-life wishes as you would want. If you’ve been [...]